SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                                  July 8, 2004
                Date of Report (Date of earliest event reported)

                            PAYLESS SHOESOURCE, INC.
             (Exact Name of Registrant as Specified in its Charter)

                                    DELAWARE
                 (State or Other Jurisdiction of Incorporation)

         1-14770                                          43-1813160
(Commission File Number)                       (IRS Employer Identification No.)

                           3231 Southeast Sixth Avenue
                            Topeka, Kansas 66607-2207
               (Address of Principal Executive Office) (Zip Code)

                                 (785) 233-5171
              (Registrant's Telephone Number, Including Area Code)


Item 5   Other Events and
Item 9   Regulation FD Disclosure

         On July 8, 2004, Payless ShoeSource, Inc., a Delaware corporation,
issued a press release announcing its sales for the fiscal month of June, which
ended July 3, 2004. The full text of the press release is attached hereto as
Exhibit 99.1 and incorporated by reference herein.

Exhibits:

     99.1 Press Release, dated July 8,  2004.


                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                           PAYLESS SHOESOURCE, INC.

Date: July 8, 2004                    By:     /s/ Ullrich E. Porzig
                                              ------------------------------
                                              Ullrich E. Porzig
                                              Senior Vice President,
                                              Chief Financial Officer and
                                              Treasurer


                                  EXHIBIT INDEX

       Exhibit No.         Exhibit
       -----------         -------
          99.1             Press Release, dated July 8, 2004.